Ulaslar Turizm Enerji Tarim Gida ve Insaat Yatirimlari A.S. (IST:ULAS)

IST:ULAS Balance Sheet

Financials in millions TRY. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	68.65	0.11	0.02	33.25	4.02	17.81
Short-Term Investments	175.29	156.42	-	0	18.43	-
Cash & Short-Term Investments	243.94	156.53	0.02	33.25	22.44	17.81
Cash Growth	67.43%	655494.38%	-99.93%	48.15%	25.99%	90.72%
Accounts Receivable	21.36	56.13	88.44	-	-	-
Other Receivables	49.76	1	48.74	315.68	0	0
Receivables	71.11	57.13	137.18	321.88	3.4	2.42
Inventory	25.85	-	-	-	-	-
Prepaid Expenses	51.03	0.02	-	-	0.04	0.02
Other Current Assets	2.38	0.51	0	0.01	0	0.21
Total Current Assets	394.32	214.19	137.2	355.13	25.88	20.46
Property, Plant & Equipment	175.2	6.34	4.01	5.39	0.7	0.57
Other Intangible Assets	60.18	0.08	0.16	0.12	0.01	0.01
Long-Term Accounts Receivable	-	-	9.07	-	-	-
Long-Term Deferred Tax Assets	4.92	-	-	-	-	-
Other Long-Term Assets	554.57	442.25	442.25	317.63	115.98	56.61
Total Assets	1,200	662.86	592.69	695.29	142.57	77.65

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	16.51	0.71	78.66	0.05	0.05	0.01
Accrued Expenses	7.41	5.25	4.46	1.15	0.33	0.15
Short-Term Debt	60.73	0.25	0.02	-	0.01	0.02
Current Portion of Long-Term Debt	20.64	-	-	-	-	0.07
Current Income Taxes Payable	-	0.21	0.45	0.25	0.13	0.2
Current Unearned Revenue	-	9.1	9.81	9.03	3.98	2.88
Other Current Liabilities	23.66	173.17	4.5	313.94	0.01	0.01
Total Current Liabilities	128.96	188.69	97.9	324.42	4.51	3.34
Long-Term Debt	10.49	-	-	-	-	-
Long-Term Unearned Revenue	-	-	9.81	18.06	12.03	11.34
Pension & Post-Retirement Benefits	1.6	-	0.1	0.04	0.43	0.24
Long-Term Deferred Tax Liabilities	-	31.89	64.37	43.24	10.06	4.44
Other Long-Term Liabilities	9.74	0.1	0.13	0.04	0.03	0.03
Total Liabilities	150.79	220.68	172.31	385.8	27.07	19.39

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	25.38	25.38	25.38	25.38	25.38	25.38
Additional Paid-In Capital	39.36	31.66	31.66	24.19	1.93	1.93
Retained Earnings	104.42	105.17	83.39	52.01	85.3	28.17
Comprehensive Income & Other	852.15	279.97	279.94	207.91	2.88	2.77
Shareholders' Equity	1,049	442.19	420.38	309.49	115.5	58.25
Total Liabilities & Equity	1,200	662.86	592.69	695.29	142.57	77.65

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	91.87	0.25	0.02	-	0.01	0.09
Net Cash (Debt)	152.08	156.28	0	33.25	22.43	17.72
Net Cash Growth	4.38%	3585192.75%	-99.99%	48.25%	26.54%	99.78%
Net Cash Per Share	5.99	6.16	0.00	1.31	0.88	0.70
Filing Date Shares Outstanding	25.38	25.38	25.38	25.38	25.38	25.38
Total Common Shares Outstanding	25.38	25.38	25.38	25.38	25.38	25.38
Working Capital	265.36	25.5	39.3	30.72	21.37	17.12
Book Value Per Share	40.24	17.42	16.56	12.19	4.55	2.30
Tangible Book Value	961.13	442.11	420.21	309.36	115.49	58.24
Tangible Book Value Per Share	37.87	17.42	16.56	12.19	4.55	2.29
Land	-	0.43	0.43	0.35	0.08	0.02
Buildings	-	1.44	1.44	1.13	0.24	0.07
Machinery	-	15.49	11.31	13.8	1.39	1.39

Data Source: S&P Global Market Intelligence Last updated: Nov 9, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 12, 2026

Data Sources Report a data error